Singapore's non-oil exports expand 24.2% in July as AI demand remains strong

Singapore's non-oil domestic exports rose by 24.2% in July, driven largely by a 112% surge in electronic exports. This growth is attributed to sustained global demand for artificial intelligence-related hardware.
Why it matters
The data highlights the significant role of the AI boom in driving economic growth for technology-exporting nations.
Electronic NODX drove growth, surging 112 per cent in July.
A general view of containers at the Pasir Panjang port terminal in Singapore on Jun 1, 2026. (File photo: AFP/Roslan Rahman)
Renee Kuek 17 Aug 2026 09:07AM (Updated: 17 Aug 2026 09:04PM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: Singapore's non-oil domestic exports (NODX) rose by 24.2 per cent in July from a year earlier, amid continued strong demand for artificial intelligence-related products, Enterprise Singapore (EnterpriseSG) said on Monday (Aug 17).
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